OKO
Crop Insurance Platform
StartupOKO is a Tel Aviv-Yafo-based startup in the Fintech & Insurtech sector, established in 2018. Crop Insurance Platform. The company has raised a total of $2.29M across 13 funding rounds, currently at the Seed stage. OKO was founded by Simon Schwall, Shehzad Lokhandwalla, Raphael Haziza. Key investors include Catalyst, Morgan Stanley, Mercy Corps Venure, among 13 total investors. The company has 11-50 employees. Core technologies: Platforms & Interfaces, Mobile.
With $2.29M in total funding, OKO is a Seed-stage company operating in Fintech & Insurtech. The company follows a B2G/B2B/B2C business model. Product stage: Released.
- StageSeed
- ProductReleased
- ModelB2G, B2B, B2C
- Employees11-50
- HQTel Aviv-Yafo
- DistrictCenter District
- Last RoundUndisclosed
- CatalystLead
- Morgan Stanley
- Mercy Corps Venure
13 investors total
Simon SchwallFounder & CEO
Shehzad LokhandwallaCo-founder & CTO
Raphael HazizaCo-founder & Lead Actuary
11 articles covered by sources including disruptafrica.com,
disrupt-africa.com,
agfundernews.com,
insurtechisrael.news,
martechseries.com.
What does OKO do?
OKO uses satellite and mobile technology to bring affordable and simple crop insurance to smallholder farmers. OKO creates index partnerships with weather data suppliers and uses them to create parametric insurance products underwritten by a locally licensed insurance company. Farmers can also benefit from OKOs weather alerts, farming tips, and access to affordable microcredit. OKO bundles services including a weather-based index insurance product, tools for distribution and customer education, and an automated policy management platform. OKO won the Orange Social Venture Prize in 2019 and the ITU SME Competition in 2020 and has been listed as one of the Inclusive Fintech 50 by MetLife Foundation and Visa.
How much funding has OKO raised?
OKO has raised $2.29M in total funding across 13 rounds. The company is currently at the Seed stage. Key investors include Catalyst, Morgan Stanley, Mercy Corps Venure.
Who founded OKO?
OKO was founded in 2018 by Simon Schwall (Founder & CEO), Shehzad Lokhandwalla (Co-founder & CTO), Raphael Haziza (Co-founder & Lead Actuary).
What sector is OKO in?
OKO operates in Climate Tech, Carbon Tech, Carbon Analytics, Earth Data & Fintech, Food & Land Use, Sustainable Farming, Fintech & Insurtech, Lending & Financing, Insurtech, with core technologies in Platforms & Interfaces, Mobile. Target customers: Agriculture & Food, Consumers.
Where is OKO located?
OKO is based in Nordau Boulevard 91, Tel Aviv, Israel, Center District. The company also has offices abroad.